The fees of the online MBA program are essential factors that influence freshmen and working professionals to pursue it. The online MBA program is a popular course that many candidates frequently pursue.
Online MBA Fees Overview 2024
The Online MBA is at par with the regular MBA program; both carry equal market value. Recruiters hire candidates based on their skills and expertise, and the ROI is fantastic in the online MBA program.
The fees of the distance MBA program are also meager, but the facilities offered in distance MBA are significantly less expensive compared to online MBAs or regular MBAs. There will be no classes for the distance MBA program. You will only get the books and some study material, but there will be no direction or guidance on reading them. On the other hand, the candidates enrolled in the online MBA program have many facilities. They get the study material, live online recorded lectures, and directions for using the material. A dedicated LMS portal helps students submit the assignment and complete the examination.
Hence, you can conclude that the fees of the online MBA program are higher than those of the distance MBA program, but the facilities are not up to par with those of the distance MBA program.
What are the fees for an Online MBA?
The fees of the online MBA programs depend on many factors, including the type of institute and the services offered by the institute. Many prestigious universities and institutes, like IIM Ahmedabad, offer online MBAs, but the cost of the fees is almost similar to the regular MBA program. Some colleges and universities offer Online MBAs at lower fees.
Most universities charge between INR 1.45 lakhs and INR 2.6 lakhs for the online MBA program. These universities offer various facilities, such as online learning material, recorded and live lectures, and the opportunity to interact with the top industry experts and connect with experts and other people in their field. There are no additional fees for offering such a facility.
Top 5 Affordable Universities for Online MBA Programs 2024
NMIMS University
This University offers an Online MBA program of 2 years and an Executive MBA program of 1 year. The admission processing fee for the Online MBA program is INR 1200, which has to be paid at the time of registration. The fee payment is based on semester-wise, Year-wise, and one-time costs for the entire program. Total fees are INR 1,44,000.
Amity University
This unique and prestigious University offers an online MBA program for two years in general and five other specializations. You can choose any specialization depending on your interests and passions. The total fee for the online MBA program at Amity University is INR 2,55,000.
Lovely Professional University
The University is among the top private institutions. The University is known for offering the best education facilities by the top faculty members. The fee for the online MBA program is INR 1,07,000.
Chandigarh University
The University offers many undergraduate and postgraduate programs online. It also offers MBAs online, and the fee for the program is INR 2,00,000.
USES
UPES, located in Dehradun, offers many online undergraduate and postgraduate programs, including a two-year online MBA program. The university offers specializations in human resources, finance, marketing, operations, etc. The total fee for the program ranges between INR 1.35 lakhs and INR 1.5 lakhs.
Why Choose College Vidya?
College Vidya is a one-stop solution for finding the best online university institute. If you want to pursue the online MBA program, you can choose University from the portal. The platform allows you to compare and select options from the top online universities.
You get unbiased guidance from the expert counselor and can choose a university from 100+ UGC-approved universities. You also get full support from counseling until admission. There are placement and internship facilities available.
Conclusion
You can choose the online MBA program without appearing in any entrance examination. The students who want to enrol in the regular MBA program must take the entrance examinations like CAT, MAT, XAT, and many more.
The candidates can enroll in the top universities after taking these entrance examinations. The candidates can enrol in the IIMs for regular MBA only after giving entrance, PI, and GD rounds. However, you can also enroll in IIMs without taking the CAT by enrolling in the Online MBA program.
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